Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
carbon pricing
Capital spending in Canada’s oil and gas sector declined by more than 50 per cent between 2014 and 2017.
The top personal income tax rate now exceeds 50 per cent in seven provinces.
Two out of three Canadians believe provinces should determine greenhouse gas emission reductions.
Expect more “tweaks” to come for Prime Minister Justin Trudeau’s carbon price backstop with the 2019 election fast approaching.
Manitoba’s premier says the $50 federal carbon price would endanger his province’s economy.
Canada’s forecasted production of 2.8 million barrels a day this year is down 6.7 per cent from last year’s projection.
The list of made-in-Canada policies that have reduced our competitiveness is long and substantial.
Already across Canada, a significant number of households are in “energy poverty.”
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.